NOT LISTED FOR SALE

Estimated Value: $586,000 - $684,000

6 Beds
3 Baths
2,961 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $540,000 $182 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,808/month

4 Days on Market

About This Home

As of July 2023

Great opportunity to own this three-unit property directly off Grafton St. in a residential neighborhood close to Clark University & WPI. The three-family home has separate electric, gas meters and hardwood floors. TLC is needed. Some updates over the years are newer furnaces, two newer water heaters, and three 100-amp circuit breakers. Huge off street parking garage stalls on the property which offers ample parking or extra income. Tons of amenities nearby with easy access to major routes. This is a tremendous investment opportunity for owner occupants and investors wanting additional income. Rent is under market value!

Last Agent to Sell the Property

Alexander Nguyen

Splice Realty Listed on: 06/08/2023

Last Buyer's Agent

Rosalind Ford

Century 21 XSELL REALTY

Century 21 XSELL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 1884

Lot Details

  • 7,678

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • 2,961 Sq Ft Home
  • Triplex
  • Brick Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Bulkhead
  • 7,678 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $3,650
  • Assessor Parcel Number 1765147

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Year Built

Built in 1884

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1884
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Bulkhead
  • Living Area: 2961
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5975
  • MAIN SO: AN4146

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1765147
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7678
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5383.24

Multi Family

  • Net Operating Income: 43800
  • Number Of Units Total: 3
  • Total Actual Rent: 3650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 24, 2023
Sold by
Chung Joon Y and Chung Joo Y
Bought by
Oasis Premier Realty Llc
Seller's Agent
Alexander Nguyen
Splice Realty
Buyer's Agent
Rosalind Ford
Century 21 XSELL REALTY
List Price
$520,000
Sold Price
$540,000
Premium/Discount to List
$20,000
3.85%
Views
56
Current Estimated Value
$628,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,659
Avg. Annual Appreciation
6.48%
Original Mortgage
$378,000
Outstanding Balance
$367,704
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,955

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 1, 2018
Sold by
Diverse Real Estate Ll
Bought by
Chung Joon Y and Chung Joo Y
Seller's Agent
Monica Rugg
Monica Rugg
Buyer's Agent
Won Ra
Premier Realty Group
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.43%
Original Mortgage
$191,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Worcester County Mgmt
Bought by
Diverse Real Estate Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1996
Sold by
Leblanc Madeleine and Fournier Roebrt A
Bought by
Ponte David and Ponte Ivani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oasis Premier Realty Llc $540,000 None Available
Chung Joon Y $255,000 --
Diverse Real Estate Ll $118,000 --
Ponte David $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oasis Premier Realty Llc $378,000
Previous Owner Chung Joon Y $191,250
Previous Owner Diverse Real Estate Ll $88,500
Previous Owner Ponte David $92,500
Previous Owner Ponte David $68,750
Previous Owner Ponte David $69,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $540,000 +3.8% $182 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $520,000 0.0% $176 / Sq Ft
06/11/2023 06/11/23 Off Market $520,000 -- --
06/08/2023 06/08/23 For Sale $520,000 +103.9% $176 / Sq Ft
05/04/2018 05/04/18 Sold $255,000 -5.6% $86 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $270,000 -- $91 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,169 $467,700 $76,600 $391,100
2024 $5,687 $413,600 $76,600 $337,000
2023 $5,383 $375,400 $61,500 $313,900
2022 $4,726 $310,700 $49,200 $261,500
2021 $4,142 $254,400 $39,300 $215,100
2020 $3,876 $228,000 $39,500 $188,500
2019 $3,474 $193,000 $38,900 $154,100
2018 $3,423 $181,000 $38,900 $142,100
2017 $3,240 $168,600 $38,900 $129,700
2016 $3,155 $153,100 $31,000 $122,100
2015 $3,073 $153,100 $31,000 $122,100
2014 $2,992 $153,100 $31,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73122118

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000027-000013